1. Daly had a P18,000 favorable volume variance, a P15,000 unfavorable variable overhead spending variance, and P12,000 total over-applied overhead. The fixed overhead budget variance was

Group of answer choices

P16,000 F

P16,000 U

P9,000 F

49,000 U

2. Eastern Co. has total budgeted fixed costs of P150,000. Actual production of 39,000 units resulted in a P6,000 favorable volume variance. What normal capacity was used to determine the fixed overhead rate?

Group of answer choices

40,625

37,500

33,000

40,560

Cannot be determined without further information

3. JS Company produce 500 units with a P50 unfavorable labor rate variance. The labor use variance was P180 favorable. Actual labor cost was P8,870. The standard wage rate was P9. Actual hours were

Group of answer choices

1,000

520

980

1,020